DroneShield powers ahead in latest quarter

Sydney-based drone security manufacturer, DroneShield (ASX: DRO) powered ahead in the latest quarter substantially increasing cash inflows and reducing cash burn. The company, which makes DroneShield, DroneSentinel and DroneGun Tactical products to detect and eliminate threats from rogue drones, booked revenue of more than a million for the first time in the quarter ended 31…

Li-ion battery recycling boost from investment

Lithium metal technology company Lithium Australia (ASX: LIT) is to invest in Melbourne li-ion battery recycling business, Envirostream, with plans to expand its capacity. The company has invested $600,000 to take 18.9 per cent of Envirostream which operates Australia’s only plant that shreds used batteries. The process produces a powder containing the critical metal components…